Tennessee Statutes

§ 68-205-115 — Use of public funds to fund or repay loan prohibited - Full faith and credit of local government not pledged, offered, or encumbered

Tennessee § 68-205-115

This text of Tennessee § 68-205-115 (Use of public funds to fund or repay loan prohibited - Full faith and credit of local government not pledged, offered, or encumbered) is published on Counsel Stack Legal Research, covering Tennessee primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Tenn. Code Ann. § 68-205-115 (2026).

Text

The state, a county, or local government shall not use public funds to fund or repay a loan between a capital provider and property owner. This chapter does not pledge, offer, or encumber the full faith and credit of a local government. A local government shall not pledge, offer, or encumber its full faith and credit for a lien amount through a C-PACER program.

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Legislative History

Added by 2021 Tenn. Acts, ch. 138, s 1, eff. 7/1/2021.

Nearby Sections

15
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Bluebook (online)
Tennessee § 68-205-115, Counsel Stack Legal Research, https://law.counselstack.com/statute/tn/68-205-115.